Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    316 S Broadway Baltimore, MD 21231

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use building with retail/office space and two residential units.

    Property size:
    4,928 SF

    Property Features for 316 S Broadway

    General Information

    Standard status
    Active
    Zoning
    C-1
    Size
    4,928 SF

    Building Details

    Year built
    1920

    We can help!

    Listing Contact
    Matthew Cooper
    Source: Crexi

    Listing Agency: Alex Cooper Auctioneers, Inc Listing Agent: Matthew Cooper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Fells Point Mixed-Use Building

    Located in the Fells Point neighborhood of Baltimore, 316 S. Broadway is a mixed-use building featuring a retail/office space and two residential units. The property offers excellent visibility and accessibility on S Broadway in a premier location. The building has a total area of 4,928 square feet. The two residential units each feature 2 bedrooms and 1 1/2 baths, with a combined living/dining area and kitchen. One of the units is spread across two levels. Both residential units are currently tenant-occupied. The main level retail space is currently vacant. The commercial unit, accessible from street level, includes an open area with two half baths and front and back stairs leading to a large unfinished basement. The building is located in an area zoned C-1 Neighborhood Business District, intended for commercial clusters or pedestrian-oriented corridors serving the immediate neighborhood, ensuring compatibility between residential and commercial uses and maintaining the proper scale of commercial activity. Fells Point is a historic waterfront neighborhood known for its cobblestone streets, architecture, and cultural scene, offering dining, boutiques, and harbor views. Local attractions include the Waterfront Promenade, Frederick Douglass–Isaac Myers Maritime Park, and Broadway Market.
    Location Intelligence

    Current Use by Public Records

    E Z Taxes ... Tax Preparation

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.59392
    Latitude
    39.286903

    Nearby Similar for Sale

    • $699,000
      6,220 SF

      Highlandtown Mixed-Use Property For Sale

      Versatile property in Baltimore's Highlandtown Arts District.
      244 S Highland Ave, Baltimore, MD 21224
      View Details
    • $999,900
      7,500 SF

      Historic Downtown Multipurpose Building

      Five-story building near Inner Harbor, Camden Yards, and M&T Bank.
      200 W Fayette St, Baltimore, MD 21201
      View Details
    • New
      $774,999
      2,300 SF

      Baltimore Commercial Property For Sale

      Well-maintained commercial property with high visibility and income potential.
      7901 Belair Rd, Baltimore, MD 21236
      View Details
    • New
      $500,000
      0.31 Acres

      Iconic Inn with Liquor License

      Rare opportunity: well-known landmark with immediate income potential.
      2816 North Point Rd, Baltimore, MD 21222
      View Details
    • New
      $399,900

      Spacious Office with Ample Parking

      Combined office space with 8 rooms, ideal for various businesses.
      19 Fontana Ln, Baltimore, MD 21237
      View Details
    • $799,900
      0.25 Acres

      Baltimore Office and Warehouse Building

      Large office and warehouse/flex building suitable for single or multiple tenants.
      7518 Harford Rd, Baltimore, MD 21234
      View Details
    • $839,999
      0.15 Acres

      Three-Story Commercial Property For Sale

      Three-story commercial property with steady income and growth potential.
      7544 Holabird Ave, Baltimore, MD 21222
      View Details
    • $310,000
      0.07 Acres

      Baltimore Restaurant Property For Sale

      Carry-out restaurant property on high-traffic Reisterstown Road.
      5625 Reisterstown Rd, Baltimore, MD 21215
      View Details
    • $450,000
      0.42 Acres

      Retail Building on Belair Road

      Highly visible retail building with frontage and signage potential.
      8836 Belair Rd, Baltimore, MD 21236
      View Details
    • $395,000
      0.05 Acres

      Broadway Retail Building in Baltimore

      Two-unit retail building near Fells Point Market.
      508 S Broadway, Baltimore, MD 21231
      View Details
    • $1,129,000
      3,900 SF

      Standalone Office Building on York Road

      Two-story office building with finished ground level and ample parking.
      6501 York Rd, Baltimore, MD 21212
      View Details
    • New
      $925,000
      3,292 SF

      Renovated Four-Unit Apartment Building

      Fully renovated four-unit building in historic Charles Village.
      2635 N Calvert St, Baltimore, MD 21218
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail/office space and two residential units.
    Where is this mixed-use property located?
    The property is located at 316 S Broadway Baltimore, MD.
    What are key features of this property?
    This property features: - Income-producing mixed-use building with potential annual rent of $58,200 based on full occupancy.; - Premier Fells Point location with excellent visibility and accessibility.; - Two tenant-occupied residential units generating $31,200 in annual rent.
    Request Owner's contact information
    316 S Broadway Baltimore, MD 21231
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    316 S Broadway
    Baltimore, MD 21231
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 S Broadway Baltimore, MD 21231
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Cooper
    Real Estate License ID: 594308
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!